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Nov 12, 2012
11/12
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MSNBC
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and if you don't think we're in a changing environment, as you just noeted, when you're losing the cuban vote in florida, that's a brand-new day in american politics for the gop. >> they should have been listening to you. michael steele and steve elmendorf, thank you very much. >>> and this veterans day marnt the fuirst time in a decade in which there are no soldiers fighting in iraq. >> this 9/11 generation that stepped forward after the towers fell and in the years sense have stepped into history. running one of the greatest chapters of military service our country has ever known. tour after tour, year after year, you and your families have done all that this country has asked. you've done that and more. >> joseph carnes goodwin is a member of that post-9/11 generation that served in iraq and afghanistan and joins me now from boston. joe, great to see you. tell me about what made you want to serve and you did two tours, i think? >> that's right. one in iraq and one in afghanistan. >> and one in afghanistan. you, obviously, we've known for you for a long time. your parents, doris kearns
and if you don't think we're in a changing environment, as you just noeted, when you're losing the cuban vote in florida, that's a brand-new day in american politics for the gop. >> they should have been listening to you. michael steele and steve elmendorf, thank you very much. >>> and this veterans day marnt the fuirst time in a decade in which there are no soldiers fighting in iraq. >> this 9/11 generation that stepped forward after the towers fell and in the years sense...
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Nov 18, 2012
11/12
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WUSA
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that's unacceptable in today's environment. >> schieffer: do you have any answers yet as to why-- we know that they had asked to maintain their-- the current level of security and that was turned down. do we have any idea on what that decision was based on? >> no, and we're still getting to the bottom of that. that's one of my primary concerns. and that's certainly what i'm driving. first of all, why there was failure for adequate security at the temporary mission. and secondly, why they didn't assess the security risks posed to that facility? they had abundance of threat reports and incidents, both to that facility and other consulates that would have suggested that they were in a high-threat environment. i sponsored-- i cosponsored the initial legislation-- i was the lead republican in the house-- to create the diplomat security bureau and the accountability review board that also has been initiate so we can get to the bottom of who is responsible. there was minimal security. the barriers weren't sufficient. the attackers, the mob, overran the complex. the militia we were depending
that's unacceptable in today's environment. >> schieffer: do you have any answers yet as to why-- we know that they had asked to maintain their-- the current level of security and that was turned down. do we have any idea on what that decision was based on? >> no, and we're still getting to the bottom of that. that's one of my primary concerns. and that's certainly what i'm driving. first of all, why there was failure for adequate security at the temporary mission. and secondly, why...
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Nov 14, 2012
11/12
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MSNBC
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant, clean energy to power our lives... wooohooo....hahaahahaha! oh...there you go. wooohooo....hahaahahaha! i'm gonna stand up to her! no you're not. i know. you know ronny folks who save hundreds of dollars switching to geico sure are happy. how happy are they jimmy? happier than a witch in a broom factory. get happy. get geico. fifteen minutes could save you fifteen percent or more. to volunteer to help those in need. when a twinge of back pain surprises him. morning starts in high spirits, but there's a growing pain in his lower back. as lines grow longer, his pain continues to linger. but after a long day of
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. domestic, abundant,...
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Nov 17, 2012
11/12
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MSNBC
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he had a grew up with a single mom and even in his environment being that he grew up a lot with white people and things that have nature. >> lincoln lost his mother at a young age. very close to his stepmother who in certain ways had similarities. >> losing rays. lincoln ran for congress and lost. same as barack obama. but yet, persevered and continued with the focus, to move on forward and understanding still peoplecrit stizing you but you're ready to take that criticism because you want to take the next step. sometimes if you're sincere, you don't know right away what the right thing is to do. you've got to think about it and ponder and walk around. as president obama did surely even when he went after osama bin laden. he didn't know. he said i've got to sleep on it. what's the right thing to do here. sometimes you've got to make the right decision and sometimes you may make the wrong decision. >> there's a preference for come tem plative president. sort of weigh in on this for me. >> i think that certainly the falling to your knees at a time of conflict that commonality that both o
he had a grew up with a single mom and even in his environment being that he grew up a lot with white people and things that have nature. >> lincoln lost his mother at a young age. very close to his stepmother who in certain ways had similarities. >> losing rays. lincoln ran for congress and lost. same as barack obama. but yet, persevered and continued with the focus, to move on forward and understanding still peoplecrit stizing you but you're ready to take that criticism because...
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Nov 18, 2012
11/12
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MSNBC
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much more unpredictable environment with the event occurring here as we saw it in 2008. >> okay. p.j., tell me about this iron dome defense system. what that is about and the upgraded hamas weaponry. where does this weaponry come from? mouth how does all of the technology change the equip there? >> hamas upgraded missile systems, undoubtedly support for a variety of countries. particularly iran. because of the political changes here, egypt has relaxed its enforcement of the border between gaza and egypt making smuggling of these systems in to gaza more easy. then of course i will you have a little bit of the -- the building of an ingij nous missile capability in gaza since sit israel retreated in 2007. the iron dome is a major project of cooperation between israel and the united states. it undercuts one of the major arguments in the campaign that there was a lack of attention to israel's defense needs when in fact there is a great manifestation of significant security cooperation and obviously what we are seeing is it with was not a perfect system. but it has been an effective sy
much more unpredictable environment with the event occurring here as we saw it in 2008. >> okay. p.j., tell me about this iron dome defense system. what that is about and the upgraded hamas weaponry. where does this weaponry come from? mouth how does all of the technology change the equip there? >> hamas upgraded missile systems, undoubtedly support for a variety of countries. particularly iran. because of the political changes here, egypt has relaxed its enforcement of the border...
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Nov 13, 2012
11/12
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CNN
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. 100% new. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪ which house is yours? the one with the silverado out front. so, what do you do? well, ahhh... nice! [ clown horn ] was his name ♪ [ shouting ] [ child crying ] ♪ i...ahh. [ male announcer ] the chevy silverado. the most dependable, longest-lasting full-size pickups on the road. from worksite to home front. chevy runs deep. >>> jack's back with the cafferty file. jack? >> question this hour, wolf, is what does the republican party have to do to become more relevant? may not be as dire as we make it out to be. mitt romney did get over 50 million votes. still, lee in wyoming writes, "the party of no is too narrow. it will go the way of the dinosaurs if it can't accept change in our very diverse country. the tea party is holding the republican party to hard-headed, n
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. 100% new. ♪ 100% greek. 100% mmm... ♪ oh wow, that is mmm... ♪ in fact it's so mmm you might not believe it's a hundred calories. well ok then, new yoplait greek 100. it is so good. ♪ which house is yours? the one with the silverado out front. so, what do you do? well, ahhh... nice! [ clown horn ] was his name ♪ [ shouting ] [ child...
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Nov 14, 2012
11/12
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WBAL
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it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of the lightning round. a febreze experiment. can a 30-day-old pluggable febreze make even this old container smell fresh? take a deep breath. describe the room that you're in. i think just like a big, open space. like i'm hanging the sheets on the line. and it smells really fresh, man. let's take your blindfold off. oh! [ both laugh ] super-weird! oh, is it febreze? yeah. ohh, how about that? febreze has anti-clogging technology that keeps it smelling fresh, even after 30 days. febreze. breathe happy. i have a cold, and i took nyquil, but i'm still "stubbed" up. [ male announcer ] truth is, nyquil doesn't unstuff your nose. what? [ male announcer ] it doesn't have a decongestant. no way. [ male announcer ] sorry. alka-seltzer plus fights your worst cold symptoms plus
it is the wrong stock for this environment. >> susan. >> how do you feel about exel? >> i like exel. and by the way, another one of -- another one of our specs, dbax, nice move today. remember, i am in favor of speculation as long as it's only one small piece of your portfolio. and that is the conclusion of the lightning round. a febreze experiment. can a 30-day-old pluggable febreze make even this old container smell fresh? take a deep breath. describe the room that you're...
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Nov 13, 2012
11/12
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CNBC
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>> the environment will dictate what, in fact, we'll do. each and every quarter we have to decide our dividend. we are very committed to the strong dividend we pay. not necessarily the yield that we pay, but to the strong dividend that we pay. so we've been over the course of many years now paying this very strong dividend despite the fact that it is a very large ratio. we have the ability to do that because we do not go to capital. in the four-plus decades we've been principally doing the business we do today, which is lending on new york real estate, we have not had any period, not a single quarter, in which we've had to go to capital as a result of losses that we took on loans. so our principle asset is multifamily loans, and we've not had to go to capital. we do it through earnings. we've had minimal losses over a long period of time. the very need for the building of capital is thwarted by the difference in our business model. >> it sounds like this fiscal cliff issue won't impact you paying this dividend. >> well, i cannot say what th
>> the environment will dictate what, in fact, we'll do. each and every quarter we have to decide our dividend. we are very committed to the strong dividend we pay. not necessarily the yield that we pay, but to the strong dividend that we pay. so we've been over the course of many years now paying this very strong dividend despite the fact that it is a very large ratio. we have the ability to do that because we do not go to capital. in the four-plus decades we've been principally doing...
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Nov 14, 2012
11/12
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CNBC
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that's 7% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to hurt corporations. it's not going to hurt profits, but what it is going to do is hurt the individual investor. they should be in equities. when you look at the dividend plays out there, it's crazy not to be. >> boy, when it comes to the markets, michael, you could not have a more different point of view, could you? >> we have about 30% cash. i took out another about 20%. we're about 50% today in cash. i don't think the fiscal cliff is going to happen. i think they're going to punt. i don't think anybody in washington, d.c. has the meatballs or spaghetti to care about cutting our debt and deficits.
that's 7% in a zero interest rate environment. we all knew it was going to be a slow economy. we all knew the market was going to grow slow. the bottom line is even with the decline in the last eight days, we're still up 6.5%, 7%. >> you're saying to buy into this selloff? >> i think you have to buy into it. where are you going to put your money? most of the money is going into fixed income. that's just crazy. we know future interest rates are going to go higher. that's not going to...
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Nov 19, 2012
11/12
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MSNBCW
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being in this environment, i've had to become and to be a predator in order to avoid being prey. >> finding appropriate housing for convicted killers who have continued their violent ways behind bars is always a challenge. a fact dramatically illustrated during our visit to kern valley state prison in california. >> it's all we got, work, work, work, you know. >> when we met james randall, he was working his prison job helping officers serve food to his fellow inmates. when we sat down to talk in his cell, randall seemed to only have one concern. how his shaved head looked on camera. >> there's no lint on my head or nothing? >> no, you're fine. >> i'm cool. i got a gang out of it. shining like new money. >> when you interview people in prison, you know they are in there for a good reason. and when you meet them, sometimes they're very likable. they might even be somebody you think you could be friends with. but sometimes you end up hearing a jaw-dropping story. the day we met james randall, we heard a jaw-dropping story. >> originally i came to jail february 21st, 1981, convicted in san ber
being in this environment, i've had to become and to be a predator in order to avoid being prey. >> finding appropriate housing for convicted killers who have continued their violent ways behind bars is always a challenge. a fact dramatically illustrated during our visit to kern valley state prison in california. >> it's all we got, work, work, work, you know. >> when we met james randall, he was working his prison job helping officers serve food to his fellow inmates. when we...
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Nov 20, 2012
11/12
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CNBC
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right now we're in a decelerating earnings environment. fourth quarter is likely to see about a 5.5% gain. that's well down from more than a 15% gain expected earlier this year. the same we've seen is depressing for next year. >> is that priced into the market, you think? >> i think it does. i quite frankly think the market sold off too much following the election. it probably rallied too much yesterday. overall year to date, i'd argue the market is probably higher than it should be given where our economy is right now, our employment right now. a lot of that has been led by government intervention and stimulus. bernanke is right to say they don't have much ammunition left. the private markets need to lead the way. >> the ball is definitely in congress' court. rick, what did you make of what bernanke said and the market and how they've been responding? it's clear, from nothing else, that this is still a very headline driven market, isn't it? >> oh, especially on a holiday week where it's been thin. my problem with what he said was is that
right now we're in a decelerating earnings environment. fourth quarter is likely to see about a 5.5% gain. that's well down from more than a 15% gain expected earlier this year. the same we've seen is depressing for next year. >> is that priced into the market, you think? >> i think it does. i quite frankly think the market sold off too much following the election. it probably rallied too much yesterday. overall year to date, i'd argue the market is probably higher than it should be...
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Nov 17, 2012
11/12
by
WBAL
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unlike human beings, as we change the environment is bad for the environment, beavers form wetlands other species could move into. he's important. >> what else does he eat besides bananas? >> in the wild he would be eating all sorts of vegetation and they like to eat tree bark. he has teeth on them that are so much enamel that are bright orange. these guys chop down trees and build dams with them. >> you don't want to get in front of an angry beaver. >> bring out the owl. >> let me put the baby alligator away. the last animal is another species that would have been -- >> what are they called? >> barn owl. these are a species native to europe. european colonists would have been used to seeing these guys. they're not particularly common. these animals can find prey in pitch darkness. >> you're kidding. >> tests have been done on these species, they've removed every iota of light. just by their hearing they can find rodents which is their main prey. they are called barn owls, because they are one of the few species that can live in human structures and benefit from our building. >> is that o
unlike human beings, as we change the environment is bad for the environment, beavers form wetlands other species could move into. he's important. >> what else does he eat besides bananas? >> in the wild he would be eating all sorts of vegetation and they like to eat tree bark. he has teeth on them that are so much enamel that are bright orange. these guys chop down trees and build dams with them. >> you don't want to get in front of an angry beaver. >> bring out the...
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Nov 15, 2012
11/12
by
WBAL
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>> mike, it's tough to do this show in this environment. how have you been? >> caller: great. a big boo-yah from shippensburg university. >> a great school. many of my teachers from springfield high, montgomery county went there. what's up? >> caller: i have some stocks for you. apple, aapl. express scripts, esrx. humana, hum. verizon, vz. and exelon, exe. am i diversified? [ buzzer ] >> all right. here we go. apple is tech. exelon is utility. that's the old philly elec. and comoil -- seem to be committed to the dividend which is why it's going down. express scripts is a pharmacy benefits manager. verizon is telco. these two are too much alike. even though express scripts is down i want to get rid of that, pick up some more yield. i want to go with -- unless it's retired i want to go with the mark west which held up very well. master limited partnership. health care, utility. be careful of that yield. i'd prefer you to be in duke because they're not going to get rid of their dividend. apple's tech and verizon nice yield. give you a little yield protection and also a little les
>> mike, it's tough to do this show in this environment. how have you been? >> caller: great. a big boo-yah from shippensburg university. >> a great school. many of my teachers from springfield high, montgomery county went there. what's up? >> caller: i have some stocks for you. apple, aapl. express scripts, esrx. humana, hum. verizon, vz. and exelon, exe. am i diversified? [ buzzer ] >> all right. here we go. apple is tech. exelon is utility. that's the old philly...
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Nov 13, 2012
11/12
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WBAL
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even on the low end with more value oriented stores that should be thriving in an environment where lots of people are worried about their taxes going up year end and the fiscal cliff is starting to get top of mind. you have a stock like walmart which has been a juggernaut, going up in a straight line since april until the recent pullback. then there is a company like -- sell, sell, sell. jcpenney. if you thought things couldn't get worse for jcpenney under the ceo, well, you were very wrong. as the company missed estimates once again on friday, reporting absolutely hideous numbers, they were blinding. sure enough, penney's continued the decline today, down another $2.67, 13%. like the wheel of fortune, where she stops, nobody knows. far more important, just so you know, there is a piece of preferred, there is another corporate piece of paper affiliated with jcpenney and that is sinking like a stone. that is more valuable to tell how bad things at jcpenney are. johnson tried to revolutionize by getting rid of coupons, cutting price as cross the board, they failed tragically and they star
even on the low end with more value oriented stores that should be thriving in an environment where lots of people are worried about their taxes going up year end and the fiscal cliff is starting to get top of mind. you have a stock like walmart which has been a juggernaut, going up in a straight line since april until the recent pullback. then there is a company like -- sell, sell, sell. jcpenney. if you thought things couldn't get worse for jcpenney under the ceo, well, you were very wrong....
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Nov 18, 2012
11/12
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MSNBCW
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you know, they try to make it as safe an environment as possible, but you never know what's going to happen. >> we've accompanied these inmates and many others through one of the more discomforting aspects of intake -- the strip search. >> our intake officer will take them one at a time back into a strip room, do a visual cavity search. >> searching all that too? >> yep. >> they try to do it with a level of dignity and respect so as to not make the person uncomfortable. >> bend over and spread your butt cheeks. thank you. what size of underwear? >> because utah receives a relatively small number of new arrivals on intake days, officers can make the process more comfortable for the inmates. we found a very different atmosphere at the sprawling and constantly bustling los angeles county jail. >> stand up, spread your feet. shoulder width apart. lift up your left foot, wiggle your toes. >> l.a. county, which is probably one of the largest jail systems in the world, was a completely different experience. >> drop them, turn around. >> and the inmate reception center is gigantic. you know,
you know, they try to make it as safe an environment as possible, but you never know what's going to happen. >> we've accompanied these inmates and many others through one of the more discomforting aspects of intake -- the strip search. >> our intake officer will take them one at a time back into a strip room, do a visual cavity search. >> searching all that too? >> yep. >> they try to do it with a level of dignity and respect so as to not make the person...
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Nov 15, 2012
11/12
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CNBC
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based on what we think the macroeconomic environment is going to do. >> so you were at that meeting at the white house this week. you joined a number of ceos at the white house yesterday. did the president give you hope that layoffs can be avoided at aetna? how was that meeting? >> i thought the meeting was a very constructive, very frank and open dialogue. i was impressed with the level and the grasp of the issues that the president had and his willingness to listen to american business about the ways that we needed to solve this problem. i think there is is a path to get this done. it's not going to get all done before the end of the year. but i think our message to the president was we're here to support you if you can avoid the cliff and put together a very specific framework on how we're going to get the economy going. because going over the cliff creates more joblessness. and if we can avoid that, we still don't grow the economy in 2013, so we need to show the business community, and quite frankly, all americans, that we have a plan to deal with this deficit so that we can grow e
based on what we think the macroeconomic environment is going to do. >> so you were at that meeting at the white house this week. you joined a number of ceos at the white house yesterday. did the president give you hope that layoffs can be avoided at aetna? how was that meeting? >> i thought the meeting was a very constructive, very frank and open dialogue. i was impressed with the level and the grasp of the issues that the president had and his willingness to listen to american...
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Nov 12, 2012
11/12
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CNBC
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if you have a supervisor who's having a relationship with a subordinate and it creates a difficult environment for the other members of the team. is there legal recourse by those other members of the team, and if there is, how often does that type of action happen? >> in my experience it's unlikely that someone would sue for a situation like that but i can tell you from personal experience that they certainly complain. they find it very disturbing to work with people who are having an affair and so they certainly are unhappy about it. clearly there is huge legal ramifications for having an affair with a subordinate. when we know many companies that have had to pay very large fines because of that. so it is expensive and dangerous. >> thank you very much. the book again, "the discrete guide for executive women -- how to work well with men and other difficulties." as sex scandals rock the defense world, women are stepping in to lead. top companies now choosing females as their chief executives. the latest hire, lockheed martin, long-time executive marilyn huson. is this a trend or is the industr
if you have a supervisor who's having a relationship with a subordinate and it creates a difficult environment for the other members of the team. is there legal recourse by those other members of the team, and if there is, how often does that type of action happen? >> in my experience it's unlikely that someone would sue for a situation like that but i can tell you from personal experience that they certainly complain. they find it very disturbing to work with people who are having an...
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Nov 16, 2012
11/12
by
WBAL
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i am searching for the companies that i like that can thrive in this environment with the fiscal cliff and with a recession a possibility. look, it's a possibility if they don't solve this thing. today i was throwing a surprise party for amgen. you know what, fiscal cliff, no fiscal cliff, we're still having an amgen party here. inappropriate balloon moment there. they make all kinds of drugs for many serious illnesses. it has seven products in development that are starting phase three clinical trials in the early part of next year. phase three means it's getting near fruition. amgen could double earnings per share over the next eight years. that is much better than a sharp stick in the retina. amgen reported on october 23rd after the close and the company delivered spectacular results and was a true triple play. earnings came in $1.67, and revenues 5.9% year over year. when the street was looking for $4.25 billion. management's four-year guidance, substantially higher than the analysts expecting. those were fabulous numbers. no surprise that the stock shot up from $87.32, to nearly $9
i am searching for the companies that i like that can thrive in this environment with the fiscal cliff and with a recession a possibility. look, it's a possibility if they don't solve this thing. today i was throwing a surprise party for amgen. you know what, fiscal cliff, no fiscal cliff, we're still having an amgen party here. inappropriate balloon moment there. they make all kinds of drugs for many serious illnesses. it has seven products in development that are starting phase three clinical...
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Nov 18, 2012
11/12
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CNN
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i just think that the environment that we're in makes it -- helped create that situation where he felt he couldn't continue effectively. i really don't get the big deal. i understand in the military, adultery is a crime, although apparently he wasn't serving in the military when he actually committed the crime -- what they would call a crime. >> but you're saying certainly he shouldn't be forced to resign? if he wants to, that's his business? >> look, people have affairs. this happens all the time. and if we're concerned about the spouses being hurt, imagine how hurt they are when the whole episode is international news. that can't be a pleasant experience. it's just that these things happen. and if we want -- when i pick up the paper and i keep reading, oh, sex scandal -- and the whole term sex scandal is so bizarre like we're in a puritan era where sex a is scandal. i lived in europe for five years and i'm sure they're all laughing at us. you want a scandal? how about the fiscal cliff? how about sandy happens and we're not doing anything about climate change? there's a scandal. >> or
i just think that the environment that we're in makes it -- helped create that situation where he felt he couldn't continue effectively. i really don't get the big deal. i understand in the military, adultery is a crime, although apparently he wasn't serving in the military when he actually committed the crime -- what they would call a crime. >> but you're saying certainly he shouldn't be forced to resign? if he wants to, that's his business? >> look, people have affairs. this...
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Nov 16, 2012
11/12
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WTTG
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so if you clean up the school food environment, it's a really good start. >> reporter: the center for science in the public interest says we need more federal involvement, not less, but critics draw the line at the lunch room door. >> we don't live in a one size fits all country. i think the result is going to be a lot of wasted food. >> they eat the fries and burger and kind of toss the vegetables and fruit. >> reporter: it's the same across the country where what's healthy is trashed. so in fairfax county the menu is put to a taste test. >> nothing goes on our menu that hasn't passed a taste party. >> reporter: fairfax, too bans junk food vending during school, but a report card by cspi gave virginia a d and maryland a d plus while schools that cracked down may face a backlash, not just from kids but parents revolting. >> they feel in some ways it's unamerican that their children should be able to make the choices that they want to make. >> reporter: unamerican for schools to ban what's bad for you? they can serve up whole wheat hamburger buns and post the calorie count, but they ca
so if you clean up the school food environment, it's a really good start. >> reporter: the center for science in the public interest says we need more federal involvement, not less, but critics draw the line at the lunch room door. >> we don't live in a one size fits all country. i think the result is going to be a lot of wasted food. >> they eat the fries and burger and kind of toss the vegetables and fruit. >> reporter: it's the same across the country where what's...
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Nov 16, 2012
11/12
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CNBC
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don't call in sick, and they make it clear they're walking off because they are protesting the work environment there at walmart where they don't feel they're being heard appropriately, are they likely to be fired? >> we want to listen to them. we want to hear whatever their concerns are. you know, not with a union representative there. they've been to our home offices. we want to sit down and listen to them, but they don't want to do that. every circumstance is going to be different on black friday. we'll take them on a case by case basis. >> we hope you can figure this out. thank you, david. >> thanks for having me on. >>> we are counting down to the bell. let's take a look at what the dow is up to. we have been all over the place today. at this stage, we're moving up by 0.3%. that's 37 points. >> i've heard the bias on the close is to the up side, to the buy side. we'll see if that holds. apple shares have lost a quarter of its value in the past two months alone. when we come back, we'll look at if this is the ultimate bargain or ultimate value trap in talking numbers. >>> plus, delta is res
don't call in sick, and they make it clear they're walking off because they are protesting the work environment there at walmart where they don't feel they're being heard appropriately, are they likely to be fired? >> we want to listen to them. we want to hear whatever their concerns are. you know, not with a union representative there. they've been to our home offices. we want to sit down and listen to them, but they don't want to do that. every circumstance is going to be different on...
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Nov 13, 2012
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the best advice that you're giving them right now, given the atmosphere that we are facing and the environment that we are going to face in january? >> first thing i would remind them is to expect the up expected. a couple of years ago, we were all stunned when president obama signed into law the tax relief act that extended bush tax cuts and increased transfer tax exemptions to historic levels. we are now looking at something very different and we need to prepare for taxes rising, but also, take advantage of certain opportunities today. as you say, we have got about six weeks left to get it done. >> let talk about some of those advantages, because it's such a scary story really. >> yes. >> if you've had a decent year in the market and you have some gapes, a lot of people are talking about apple, for instance, there's some thought that maybe if you have a pretty decent gape in apple, do you take those profits this year? do you accelerate your income at this point? >> well, think about what's happening to capital gapes tax rates. we are at 15% today, slated to go up to 20% in january, plus you
the best advice that you're giving them right now, given the atmosphere that we are facing and the environment that we are going to face in january? >> first thing i would remind them is to expect the up expected. a couple of years ago, we were all stunned when president obama signed into law the tax relief act that extended bush tax cuts and increased transfer tax exemptions to historic levels. we are now looking at something very different and we need to prepare for taxes rising, but...
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Nov 16, 2012
11/12
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in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a. don't hold them in your taxable account. >> let's channel our inner howie mandel, deal or no deal on the fiscal cliff? >> we think deal but not this year. we think there will be a deal around the framework potentially but that the real tax and entitlement reform discussions will have to be hammered out in 2013. >> katie nixon, thanks for being with us. >>> let's hear what washington has to say and we'll talk about that more later on this hour of -- >> tyler, despite what could be positive developments, our economy is still of course to a certain extent being held hostage as we await the outcome
in the kind of mack troe environment we see going forward, we still think there is a place for those high-quality defensive stocks so there is a thesis there apart from the dividend. but, getting on to the high-yield question, with a higher tax rate next year, what it does is i think it makes it quite important for investors to think about asset location and perhaps there's a more efficient place to hold these assets that are becoming less tax efficient. for instance, hold them in your i.r.a....
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Nov 19, 2012
11/12
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technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. soothes you to sleep with ingredients like melatonin. it's safe with no side effects, so you wake up... ready to go. [ male announcer ] unisom natural nights. >>> may my name's bond, james bond. >> that is moore, sir roger moore, make the eye koing british agent in "live and let die," his first movie as bond, the at a role in seven of the movies. roger, a great honor to have you in my studio. >> piers, very nice to see you again. but please, call me roger. >> i can't. americans wouldn't stand for it. now, you appeared in seven of the bond movies. >> mm-hmm. >> yet, i heard you in an interview earlier today saying that you felt
technologies allow natural gas producers to supply affordable, cleaner energy, while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. soothes you to sleep...
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Nov 14, 2012
11/12
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CNN
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i've worked with him in that environment to know that he does not think of those things lightly and let me make it very clear that based on again, my discussions with him, he has not provided paula broadwell or anyone with information, classified information that they shouldn't have. >> has he had any conversation or contact with paula broadwell in the last few days? >> last few days, i'm not aware of any. she, up until everything that came out with the news, i'm sure she was still working on her dissertation. there was some potential contact back and forth over a little bit of time about that. you have to imagine somebody who is doing their dissertation is not going to just give up that entire body of work and research very easily. >> what about jill kelley? how do you describe david petraeus' relationship with her? >> i think very simply as close personal friends of not only david petraeus but of his wife, holly, as well. they met the kelleys not too long after they arrived at tampa, mcdill air force base, home of u.s. central command, where he became the commander october 31st, 2008.
i've worked with him in that environment to know that he does not think of those things lightly and let me make it very clear that based on again, my discussions with him, he has not provided paula broadwell or anyone with information, classified information that they shouldn't have. >> has he had any conversation or contact with paula broadwell in the last few days? >> last few days, i'm not aware of any. she, up until everything that came out with the news, i'm sure she was still...
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Nov 13, 2012
11/12
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technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what happens, which isn't rocket science. it's just common sense, from td ameritrade. to investing with knowledge. the potential of td ameritrade unlocked. nyse euronext. unlocking the world's potential. to a world of super-connected intelligence. the potential of freescale unlocked. nyse euronext. unlocking the world's potential. >>> massive deadly explosion rocks an indiana neighborhood. could natural gas or a faulty furnace have caused the blast? >>> another keeping them honest report now. it's been a full two weeks as you know since super storm sandy blasted ashore and five days since the nor'easter that followed. yet
technologies, rigorous practices help ensure our operations are safe and clean for our communities and the environment. we're america's natural gas. he loves risk. but whether he's climbing everest, scuba diving the great barrier reef with sharks, or jumping into the market, he goes with people he trusts, which is why he trades with a company that doesn't nickel and dime him with hidden fees. so he can worry about other things, like what the market is doing and being ready, no matter what...
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Nov 14, 2012
11/12
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when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you bought it down in the low 20s? >> i don't know the actual cost price in front of me. i can tell you it's been one of our big holdings for a couple of years. home depot and lowe's we bought at the end of '11. we had a thesis that housing was bottoming. and now the housing improvement is accelerating and that's a big deal for the u.s. economy when you think about the spillover effect in construction jobs, you know, furniture, auto, cement, everything that comes with household formation in new home purchases. >> well, we want to thank you for joining us today. >> my pleasur
when we bought it just superior business model in a tough environment. if things get better, great, employment improves, we're going to have more hook-ups, housing improves, more connections, great growth story. if things don't get better, we're trying to protect for the downside and keep that optionalty if the economy improves. comcast could be a monster return on capital going forward. and that's been a big core holding for quite a while, as well. >> no kidding, you've done well -- you...
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Nov 15, 2012
11/12
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what's really going on here is we are talking about a consumer that's still struggling in this economic environment. unemployment has gotten better but it's still around 8%. we've got this fiscal cliff looming. yes, the holidays are around the corner so that's what many retailers are banking on. but beyond that it's been tough. we had super storm sandy hit. that put an impact on a lot of retailers from department stores to big box stores like target and walmart. really what they're saying is the consumer is still under some pressure. that paycheck cycle still an issue for the walmart consumer and they say that jobs, gas prices and rising food prices also an issue for that group of shoppers. >> is housing about to fall off the fiscal cliff? what homeowners and future home buyers need to know right now. >>> mean. time, let's head out to sue at the schwab investor summit. impact in chicago. what do you got, sue? >> we got a lot coming. up. incidentally, ty, they miss you out here. we're going to talk about how to prevent your portfolio from literally going over the fiscal cliff. michael cuggino will s
what's really going on here is we are talking about a consumer that's still struggling in this economic environment. unemployment has gotten better but it's still around 8%. we've got this fiscal cliff looming. yes, the holidays are around the corner so that's what many retailers are banking on. but beyond that it's been tough. we had super storm sandy hit. that put an impact on a lot of retailers from department stores to big box stores like target and walmart. really what they're saying is...
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Nov 14, 2012
11/12
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headline driven in this environment. yesterday you saw the sharp rally toward the end of the session. was it because of the rumor that spain might have a bailout or was it the rumor that potentially they were bundled 44 million euros together for greece? i don't know. it clearly moved the market, both of those things incidentally didn't happen. longer term, if you look at what is happening, europe versus the united states, you can see the effect of the fiscal cliff in the wake of the obama victory. here you see the yellow line here is the top 50 blue chips in europe. how they have traded over the last month. this is the dow jones industrial average. you'll see that under performance now, 4.5% as a result arguably of that fiscal cliff and arguably where the election left us. >> it's going to get tougher sledding. >>> meantime other capital markets op-ed, gary is looking although a few charts as he did yesterday. >> you know, carl, great piece by riches warning people about bond funds versus bonds. a lot of people ignore t
headline driven in this environment. yesterday you saw the sharp rally toward the end of the session. was it because of the rumor that spain might have a bailout or was it the rumor that potentially they were bundled 44 million euros together for greece? i don't know. it clearly moved the market, both of those things incidentally didn't happen. longer term, if you look at what is happening, europe versus the united states, you can see the effect of the fiscal cliff in the wake of the obama...
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Nov 15, 2012
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we'll ask a top ranked analyst how investors in fiscal cliffs should be playing the current environment when squawk returns. >>> many sectors of the economy would be directly affected if the u.s. economy goes off the fiscal cliff. not the least of which, the financials. we were talking about the white house and the meeting that happened yesterday. only ken chenault, of all the financials, and i don't know if you put him in the traditional category, not a classic wall street guy, is that a problem? >> i think that was an omission, there were no large commercial bankers or wall street bankers in that meeting yesterday. so i thought that was quite interesting that the white house chose not to invite anyone. >> where are you on on financials right now? the stocks have come off. it's been a horrific little ride here. >> it has. the bank stocks have been one of the best performing sectors going into the third quarter. they're up over 20%. they've been one of the weakest sectors since the third quarter results. and i think what's happened is this fiscal cliff has everybody concerned especially
we'll ask a top ranked analyst how investors in fiscal cliffs should be playing the current environment when squawk returns. >>> many sectors of the economy would be directly affected if the u.s. economy goes off the fiscal cliff. not the least of which, the financials. we were talking about the white house and the meeting that happened yesterday. only ken chenault, of all the financials, and i don't know if you put him in the traditional category, not a classic wall street guy, is...
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Nov 13, 2012
11/12
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he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in drilling and natural gas space. >> weatherford this morning off 12% at 3.5 year low. the company warning that fourth quarter is going to come in for earnings below consensus on that number. and they also said that they still have not been able to resolve what they call material weakness in internal controls over financial reporting. they actually didn't break out their third quarter numbers. stock getting hit hard on a day when energy is already to the downside. >> motor trend magazine naming tesla's sedan the car of the year. will the model live up to the hype? we'll find out when te
he says it remains one of caution in this environment. carl, back to you. >> wednesday is the day when they name the new partners at goldman, i believe. >> that's right. >> people waiting for the call. >> people close to or a source close to goldman sachs says it will be the smallest class in over a decade. probably less than 70 will be named partners at goldman sachs this year. back to you. >> thank you so much. mary thompson at headquarters. a big mover in...
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Nov 13, 2012
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we have called here, is taking the capabilities horizontallism you will see it on ios in the android environment there san opportunity to step forward and say because of the years of investment, we have a leading capability in the area of mapping and location service. it's important for us we get it in front of as many people as possible because these types of platforms benefit to scale. >> you will see a day when licensing could pay for your r and d in maps. there is a case where licensing is already paying and then some for our r and d in maps, already profitable today. >> lumia sales, how are they doing really quick? >> very pleased wither slip, lineups at at&t stores, sellouts in russia, heard from australia, they are doing great. early days are positive. we have a lot of work ahead. >> russia and australia, you need north america to make it a hit. thank you, stephen elon for taking the time. >> thank you, jon and stephen. >>> up next, making the bull case for jc penny. yeah, the bull case. before that, we have got to get fresh off the tell for example mary torchson, the market flash. >> you
we have called here, is taking the capabilities horizontallism you will see it on ios in the android environment there san opportunity to step forward and say because of the years of investment, we have a leading capability in the area of mapping and location service. it's important for us we get it in front of as many people as possible because these types of platforms benefit to scale. >> you will see a day when licensing could pay for your r and d in maps. there is a case where...
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Nov 12, 2012
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and in these kinds of environments where we see few details often those are the best deals. it's when everyone has confidence and equity markets are up and everyone is feeling great that they do stupid things. >> right. there you go. >> let's check in with bob pisani here on the floor with more of what's moving this morning. >> boy, did i hear dumb talk over the weekend about going over the fiscal cliff. i guess you were going to hear it. go ahead. let them go over the fiscal cliff. who cares. i heard this even from some people whose opinions i respect. well known economists and columnists. good heavens. did anybody look at what happened last time we were talking about this? the fiscal cliff is a wake-up call to politicians. august 2011, we were all here sitting on this floor when they couldn't agree on simple ability to raise the debt ceiling and they downgraded the debt. remember what happened? the s&p dropped 7% that week on the monday after it dropped another 7%. the vix went to 50 for a long time it stayed there. it ruined it the entire summer. almost the entire year of
and in these kinds of environments where we see few details often those are the best deals. it's when everyone has confidence and equity markets are up and everyone is feeling great that they do stupid things. >> right. there you go. >> let's check in with bob pisani here on the floor with more of what's moving this morning. >> boy, did i hear dumb talk over the weekend about going over the fiscal cliff. i guess you were going to hear it. go ahead. let them go over the fiscal...
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Nov 16, 2012
11/12
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in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not dependent on any single market. >> about 90 million in net proceeds to the company from this ipo. what are you going to do with the money? >> i think we will buy some shoes. no. >> that's a lot of shoes. >> there's a lot of investment to be made. we feel very strong about the market so in the near term we are going to certainly invest in our engineering and sales and service but also i think, you know, there are lots of technologies in adjacent markets that are interesting. we may want to grow faster than we would -- >> thank you for stopping by. selina lo
in realtime it adapts to the environment. nobody needs to turn any knobs or touch anything. >> in terms of your geographic revenue mix, 65% of sales come from foreign customers. what are geographies you're most exposed to? >> we have geographically distributed. our business came from geography. we're not dependent on any particular region. however, this whole mobile internet is really a secular movement that crosses all regions as well as different markets and so we are not...
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Nov 20, 2012
11/12
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it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management get selsun blue for itchy dry scalp. strong itch-fighters target scalp itch while 5 moisturizers leave hair healthy. selsun blue. got a clue? get the blue. >>> 11 minutes past the hour here. want to bring you up to speed as far as the conflict we've been covering for multiple days now. rockets back and forth between israel and gaza. we have now learned according to christiane amanpour, joins us now live from jerusalem according to this israeli government official, christiane, they are putting a hold temporarily on this potential military ground offensive. what are you learning this morning? >> well, i have just spoken to a senior israeli government official, who is very much in the loop and close to the negotiation, and he has further clarified to me what wil
it's hard to see opportunity in today's challenging environment. unless you have the right perspective. bny mellon wealth management has the vision and experience to look beyond the obvious. we'll uncover opportunities, find hidden risk, and make success a reality. bny mellon wealth management get selsun blue for itchy dry scalp. strong itch-fighters target scalp itch while 5 moisturizers leave hair healthy. selsun blue. got a clue? get the blue. >>> 11 minutes past the hour here. want...
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Nov 13, 2012
11/12
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it's a very carefully constructed environment. if she has such material on her computer, it raises possible federal criminal issues. now, i have to tell you that this city is awash with documents that are still marked secret but really are not. and people become very casual. and it is possible that she could have gotten this material from people around general petraeus. that's part of the problem with having this type of relationship is that the general clearly wants her to be around, clearly favors her, and the subordinates may have lost some perspective. and helped her a little too much. >> let's move on to general allen. the fbi is not investigating him, the military is. what charges could he face? >> now, he faces a very straightforward article 134 on adultery if, in fact, he had an adulterous relationship. as a commander, he often has to mete out punishment to people who had conduct unbecoming an officer, which is another common charge. once these things become public, it's very hard to make that cat walk backwards. it's very
it's a very carefully constructed environment. if she has such material on her computer, it raises possible federal criminal issues. now, i have to tell you that this city is awash with documents that are still marked secret but really are not. and people become very casual. and it is possible that she could have gotten this material from people around general petraeus. that's part of the problem with having this type of relationship is that the general clearly wants her to be around, clearly...
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Nov 16, 2012
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dell says a challenging macro economic environment is continuing into the current quarter. >>> schiff nutrition is the subject of a bidding war between two players, it had previously agreed to be bought by bayer. >>> hostess is expected to announce if it's going to go ahead with plans to liquidate, this is something it's been threatening to do if striking workers didn't return. hostess is operating under bankruptcy protection and we've been watching that closely. on a global report, there are reports out of israel, two hamas rockets have hit southern tel aviv, landed in an open field and reports say they did not cause any damage but this comes after a night of air strikes by israel against hamas in the gaza strip and we are watching that situation closely as well. joe? >> cnbc is making the push to rise above and yesterday former wyoming senator, alan simpson and the simpson of simpson-bowles spoke to cnbc and pretty much laid out our campaign. >> the leaders of both parties who think it would be to their advantage to go off the fiscal cliff. what a wonderful trait that is, that we co
dell says a challenging macro economic environment is continuing into the current quarter. >>> schiff nutrition is the subject of a bidding war between two players, it had previously agreed to be bought by bayer. >>> hostess is expected to announce if it's going to go ahead with plans to liquidate, this is something it's been threatening to do if striking workers didn't return. hostess is operating under bankruptcy protection and we've been watching that closely. on a global...
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Nov 13, 2012
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while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. so i brought it to mike at meineke. we gave her car a free road handling check. i like free. free is good. my money. my choice. my meineke. >>> it's been two weeks since superstorm sandy hit the northeast. today, gas rationing came to an end in new jersey. and although some areas are seeing power restored, in many pockets of new york city, life is anything but normal. people fed up with the cold and the dark. >> it is just dark and cold. that's pretty much -- that sizes it up. >> i don't think the management is unprepared for this. at the end of the day, this was a monumental task. >> it is like going on and on and on, end it. >
while protecting our environment. across america, these technologies protect air - by monitoring air quality and reducing emissions... ...protect water - through conservation and self-contained recycling systems... ... and protect land - by reducing our footprint and respecting wildlife. america's natural gas... domestic, abundant, clean energy to power our lives... that's smarter power today. so i brought it to mike at meineke. we gave her car a free road handling check. i like free. free is...
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Nov 15, 2012
11/12
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the track, doing things around the track activities to get their mind off things, to create a nice environment for them to enjoy and the group that came out to cover this said we expected you to be an a-hole. we expected you to be upset down and backwards with granting access to us. and i went, this is who i am. >> are you a nice guy? >> he's a very nice guy. >> this is not who you see. there's always that busch brother problem. baldwin brother problem. >> don't put me in that group. >> seriously, are you a nice guy who is just misunderstood? >> i have a fiery attitude when i put the helmet on. it's just that mentality of when you go into battle and you're a sports guy, you have to do what it takes to win. sometimes it rubs people the wrong way. especially the fabric of the way everything hases viewed these days has to be so clean, crisp cut and you can't have any blemishes. coach bobby knight is a guy i looked up to, tossing chairs, that's how my dad taught me. >> i love how you drive, first of all. watching this documentary, i was struck by how much you seem to mistrust and not like the medi
the track, doing things around the track activities to get their mind off things, to create a nice environment for them to enjoy and the group that came out to cover this said we expected you to be an a-hole. we expected you to be upset down and backwards with granting access to us. and i went, this is who i am. >> are you a nice guy? >> he's a very nice guy. >> this is not who you see. there's always that busch brother problem. baldwin brother problem. >> don't put me...